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Global Dispersant Polymer Market 2024: Size, Drivers, Trends, Competitors, and Overview Through 2033
Global Dispersant Polymer Market
The Business Research Company offers in-depth market insights through Dispersant Polymer Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The dispersant polymer market size has grown rapidly in recent years. It will grow from $8.51 billion in 2023 to $9.38 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, an increasing demand for chemical products and an increasing demand for bio-based dispersants.
The dispersant polymer market size is expected to see rapid growth in the next few years. It will grow to $14.41 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to government support, improvement in polymerization techniques, a rise in demand for water-based dispersants and rising urbanization. Major trends in the forecast period include product innovations, technological advancement, mergers and acquisitions, partnerships and collaborations and new plant expansions.
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Market Segmentation:
The dispersant polymer market covered in this report is segmented -
1) By Type: Acrylic Dispersions, Vinyl Dispersions, Polyurethane Dispersions, SB Dispersions, Other Types
2) By Form: Liquid, Powder, Granule
3) By Technology: Water-Based, Solvent-Based, Solvent-Free
4) By End-Users: Oil And Gas, Paints And Coatings, Agriculture, Pulp And Paper, Detergent Industry, Pharmaceuticals, Other End Users
Major Driver - Government Initiatives Propel Growth In The Dispersant Polymers Market
Government support is expected to drive the growth of the dispersant polymers market going forward. Growing government efforts to support the chemicals and polymers industries are affecting the market's overall expansion. For instance, in September 2022, in Saudi Arabia, the Saudi Ministry of Industry and Mineral Resources (MIMR) published The Monthly Bulletin for Industry and Mining, covering the first half of 2022 and highlighting the most recent advancements in the industrial sector. According to the bulletin, 501 industrial licenses have been granted since the start of 2022, primarily for the production of steel, food, polymers, and chemicals. Further, in July 2022, the Defense and Security Accelerator (DASA), a part of the Ministry of Defense of the UK, was seeking innovations that enable front-line clinicians to diagnose and treat individuals exposed to biological or chemical agents in approximately 1 hour. For these innovations, $1.19 million is available for innovations that rapidly diagnose biological and chemical agents at the front line. Therefore, government support is expected to contribute to the dispersant polymers market expansion.
Competitive Landscape:
Major companies operating in the dispersant polymer market report are Dow, Covestro AG, Evonik Industries AG, Berkshire Hathaway (The Lubrizol Corporation), Nippon Shokubai Co. Ltd, Nouryon, Ashland Inc, Sasol, Lanxess, Croda International, EOC Polymers India Private Limited, Weifang Ruiguang Chemical Co Ltd, Shanghai Yunsong Technology Development Co Ltd, Jiangsu Kaiyuan Technology Co Ltd, Tianjin Royal Land Chemical Co Ltd, Solvay, Sumika Polymer Compounds Poland Sp. z o.o, Uniqchem, Toagosei Co, BASF, King Industries Inc, Transcor Industria de Pigmentos e Corantes Ltda, ExxonMobil Quimica Ltda, Abu Dhabi Polymers Company Ltd, KMT Polymers, SNF United Arab Emirates, Ethiopolymers PLC, Eagle Chemicals
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Top Trend - Innovative Product Solutions Propel Major Companies In The Dispersant Polymers Market
Major companies in the dispersant polymers market are focused on product innovations and developing new product solutions to strengthen their position in the market. For example, in April 2022, Engineered Polymer Solutions (EPS), a US-based company that designs and manufactures engineered elastomeric, polymeric, and plastic seals and sealing systems, launched EPS 2436, a new self-cross linking acrylic dispersion for use as a binder for high-quality wood coatings. EPS 2436 joins the EPS 2400 series, a line of waterborne acrylic resins that wood coating formulators can use to develop high-performance solutions for industrial applications, cabinetry, furniture, and flooring. This new product offers exceptional transparency when dry and excellent block resistance. Further, in January 2021, Dow, a US-based chemical producer, launched Acusol Prime 1 Polymer, its first-of-its-kind multifunctional, biodegradable dispersant. Acusol Prime 1 Polymer contains over 30% degradable carbon via OECD 302B protocol.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Dispersant Polymer Market Characteristics
3. Dispersant Polymer Market Trends And Strategies
4. Dispersant Polymer Market - Macro Economic Scenario
5. Dispersant Polymer Market Size And Growth
…..
27. Dispersant Polymer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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